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☆ How ESPN's $2 billion deal with Penn Entertainment could shake up sports betting, from reinvigorating competition to evolving media's relationship with gambling
▼ + stars: | 2023-08-14 | by ( Ashley Rodriguez | Margaret Fleming | Lucia Moses | ) www.businessinsider.com time to read: +11 min

Many view the deal as a "win-win" for ESPN, Penn, and its former partner Barstool Sports. Industry insiders say the deal could signal a potential ESPN spinoff, disrupt competition, and more. Here's what industry insiders are saying about the deal:1. FanDuel and DraftKings dominate US online sports-betting and gambling market share, followed by BetMGM, according to a July report from Macquarie that analyzed Vixio data. Industry insiders like affiliate-marketing company Gambling.com Group's Max Bichsel aren't sure about that prediction.

Persons: Barstool, Bob Iger, Penn, sportsbooks, who's, Chris Grove, Dave Portnoy, Portnoy, Fox's, Sharp, Sharp Alpha Advisor's Lloyd Danzig, Dan, Danzig, Brandon Nispel, he's, Nispel, Kimberly White, FanDuel, BetMGM, Zachary, Max Bichsel aren't, Bichsel, I'm, Grove, It's, DraftKings, let's, FuboTV, hasn't, Fox Bet, Ed Moed, Fox, Dan Wasiolek, Wasiolek Organizations: ESPN, Penn Entertainment, Penn, Barstool Sports . Industry, ESPN Bet, Investors, Acies Investments, Barstool Sports, Sharp Alpha, Disney, KeyBanc, CFRA Research, . Industry, ESPN —, Fox, Maxim Magazine, Sports, Fox Bet, Morningstar Locations: Macquarie, Canada

☆ Aussie telecom firms Telstra, TPG will not appeal block of asset transfer deal
▼ + stars: | 2023-08-13 | by ( ) www.reuters.com time to read: +1 min

REUTERS/David Gray/Aug 14 (Reuters) - Australian telecom firms Telstra Group (TLS.AX) and TPG Telecom (TPG.AX) on Monday said separately they would not appeal the country's competition tribunal's decision to block an asset transfer deal between the two telecom giants. In June, the Australian Competition Tribunal upheld the competition regulator's decision to block the deal between the telecom firms, under which Telstra would have bought spectrum and transmission towers from TPG, while TPG would have kept selling 4G and 5G coverage using Telstra infrastructure. The country's competition regulator had ruled against the asset transfer deal in December citing competition concerns and potentially impacting the no. Telstra did not provide any details about its decision to not appeal the tribunal's decision in the exchange filing, and did not immediately respond to a Reuters request for further details. TPG Telecom, which also did not provide any reason, said it would "continue to explore commercial options to expand its mobile network".

Persons: David Gray, Sameer Manekar, Diane Craft Organizations: Telstra, REUTERS, Australian, Telstra Group, TPG Telecom, TPG, Optus, Singapore Telecommunications, Thomson Locations: Sydney, Australia, Bengaluru

☆ Singapore Exchange revises IPO rules for life science firms
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +1 min

A man wearing a protective face mask walks past the Singapore Exchange (SGX) which stays open during "circuit breaker" measures to curb coronavirus COVID-19) in central business district area in Singapore, April 7, 2020. REUTERS/Edgar Su/File PhotoSINGAPORE, Aug 10 (Reuters) - Singapore Exchange Ltd (SGX) (SGXL.SI) is amending its initial public offering (IPO) rules to clarify that life science companies seeking to list on its mainboard exchange do not need to be revenue-generating. The revision was based on a publication of a Listings Advisory Committee's decision on SGX's life sciences listing framework on Thursday. SGX introduced the life science listing framework in 2009, where it waived certain IPO requirements including profitability and revenue for life science companies. The rules under the life science listing framework were not adjusted to reflect 2012 amendments made to the mainboard listing criteria.

Persons: Edgar Su, SGX, Yantoultra, Jason Neely Organizations: Singapore Exchange, REUTERS, Singapore Exchange Ltd, Thomson Locations: Singapore, SINGAPORE

☆ Adani Enterprises weighs exiting $6 bln Wilmar venture - Bloomberg News
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

Workers transport tins of edible oil inside a storeroom of Adani Wilmar Ltd at Mundra, 375 km (233 miles) from the western Indian city of Ahmedabad, June 10, 2009. REUTERS/Amit Dave/File PhotoAug 8 (Reuters) - India's Adani Enterprises (ADEL.NS) is exploring selling its stake in its consumer-staple joint venture with Wilmar International (WLIL.SI), Bloomberg News reported on Tuesday, citing people familiar with the matter. Deliberations are at an early stage and Adani Enterprises may decide to keep its stake, the report said. Adani Enterprises and Wilmar did not respond to Reuters requests for comment, while Adani Wilmar said it would not like to comment on the report. Last week, Adani Wilmar reported loss in the first quarter, hurt by a steep decline in edible oil prices.

Persons: Wilmar, Amit Dave, Adani, Gautam Adani, Adani Wilmar, Shubhendu Deshmukh, Shounak Dasgupta, Shilpi Majumdar Organizations: REUTERS, Adani Enterprises, Wilmar, Bloomberg, Adani, Hindenburg, Thomson Locations: Mundra, Indian, Ahmedabad, India, Bengaluru

☆ Cathay Pacific posts best H1 profit since 2010, to repay govt aid package
▼ + stars: | 2023-08-09 | by ( Clare Jim | ) www.reuters.com time to read: +2 min

HONG KONG, Aug 9 (Reuters) - Cathay Pacific Airways (0293.HK) reported on Wednesday its best first-half profit in more than a decade and announced plans to order more planes and repay a Hong Kong government rescue package after a major turnaround in travel demand. Cathay has recovered capacity more slowly than its closest rival, Singapore Airlines, (SIAL.SI) because it faced tighter quarantine rules for longer, and needed to train more staff and bring back grounded planes. The Hong Kong carrier expects to reach 70% of its pre-pandemic capacity by the end of the year and 100% by the end of 2024. Cathay said it intended to exercise purchase rights to buy 32 Airbus (AIR.PA) A320neo family aircraft, looking to add to its fleet as demand rebounds. ($1 = 7.8151 Hong Kong dollars)Reporting by Clare Jim and Donny Kwok; Editing by Jamie Freed and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Hong, Patrick Healy, Clare Jim, Donny Kwok, Jamie Freed, Gerry Doyle Organizations: Cathay Pacific Airways, HK, Hong, Cathay, Singapore Airlines, Hong Kong, Airbus, Swire Pacific, Thomson Locations: HONG KONG, Hong Kong, Hong, Air China

☆ Disney's big sports-betting deal has industry insiders abuzz about possibilities, from a potential ESPN spinoff to heightened competition
▼ + stars: | 2023-08-09 | by ( Ashley Rodriguez | Margaret Fleming | Lucia Moses | ) www.businessinsider.com time to read: +11 min

Many view the deal as a "win-win" for ESPN, Penn, and its former partner Barstool Sports. Industry insiders say the deal could signal a potential ESPN spinoff, disrupt competition, and more. Gambling industry insiders thought Disney CEO Bob Iger might make quick work of setting a sports-betting strategy when he took back the reins of the ESPN owner late last year. Here's what industry insiders are saying about the deal:1. Industry insiders like affiliate marketing company Gambling.com's Max Bichsel aren't sure about that prediction.

Persons: Barstool, Bob Iger, Penn, sportsbooks, who's, Chris Grove, Dave Portnoy, Portnoy, Fox's, Sharp, Sharp Alpha Advisor's Lloyd Danzig, Dan, Danzig, Brandon Nispel, he's, Nispel, Kimberly White, FanDuel, BetMGM, Zachary, Gambling.com's Max Bichsel aren't, Bichsel, I'm, Grove, It's, DraftKings, let's, FuboTV, hasn't, Fox Bet, Ed Moed, Fox, Dan Wasiolek, Wasiolek Organizations: ESPN, Penn Entertainment, Penn, Barstool Sports . Industry, ESPN Bet, Investors, Acies Investments, Barstool Sports, Sharp Alpha, Disney, KeyBanc, CFRA Research, . Industry, ESPN —, Fox, Maxim Magazine, Sports, Fox Bet, Morningstar Locations: Macquarie, Canada

The quarterly results from OCBC, also Southeast Asia's second largest lender by assets, rounded up a strong earnings season by Singapore banks as DBS Group (DBSM.SI) and United Overseas Bank (UOBH.SI) also delivered double-digit profit growth. Besides higher interest rates, Singapore lenders have also benefited from strong inflows from wealthy customers amid global uncertainty, including U.S.-China geopolitical tensions, because of the city-state's status as a financial safe-haven. Higher interest rates and slower economic growth could raise asset-quality risks for businesses and individual customers, he said, adding weak loan demand could negatively impact net interest income growth momentum once margin expansion peaks. OCBC said April-June net profit climbed to S$1.71 billion ($1.28 billion) from S$1.28 billion a year earlier mainly driven by better income growth and partly offset by higher allowances for non-impaired assets. The figure compared with a mean estimate of a S$1.76 billion profit from four analysts polled by Refinitiv.

Persons: ROE, Thilan Wickramasinghe, OCBC, NIM, Yantoultra Ngui, Tom Hogue, Shri Navaratnam, Jamie Freed Organizations: Chinese Banking Corp, DBS, United Overseas Bank, Maybank Securities, Refinitiv, Thomson Locations: Singapore, SINGAPORE, Asia's, U.S, China, Malaysia

☆ Singapore bank OCBC second-quarter earnings rise; sees rate cuts from 2024
▼ + stars: | 2023-08-04 | by ( Yantoultra Ngui | Thomson Reuters | Yantoultra Ngui Is A Southeast Asia Deals Correspondent With Reuters In Singapore | ) www.reuters.com time to read: +3 min

The quarterly results from OCBC, also Southeast Asia's second largest lender by assets, rounded up a strong earnings season by Singapore banks as DBS Group (DBSM.SI) and United Overseas Bank (UOBH.SI) also delivered double-digit profit growth. Besides higher interest rates, Singapore lenders have also benefited from strong inflows from wealthy customers amid global uncertainty, including U.S.-China geopolitical tensions, because of the city-state's status as a financial safe-haven. The figure compared with a mean estimate of a S$1.76 billion profit from four analysts polled by Refinitiv. The bank projected its full-year net interest margin, a key profitability gauge, to be above 2.2%, return on equity in the range of 14% and low-to-mid single-digit loan growth. ($1 = 1.3410 Singapore dollars)Reporting by Yantoultra Ngui; Editing by Tom Hogue, Shri Navaratnam and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: ROE, Helen Wong, Thilan Wickramasinghe, OCBC, Wong, Yantoultra Ngui, Tom Hogue, Shri Navaratnam, Jamie Freed Organizations: Chinese Banking Corp, DBS, United Overseas Bank, Maybank Securities, Refinitiv, Thomson Locations: Singapore, SINGAPORE, Asia's, U.S, China, Malaysia

A logo of DBS is pictured outside an office in Singapore January 5, 2016. DBS, which is also Southeast Asia's largest lender by assets, said April-June net profit hit a quarterly record high S$2.69 billion ($2.69 billion) compared to S$1.82 billion a year earlier. DBS' NIM, a key profitability gauge, rose for sixth consecutive quarter to 2.16% during the quarter from 1.58% a year earlier. Return on equity hit new quarterly high of 19.2%, up from 13.4% the same quarter a year ago. ($1 = 1.3411 Singapore dollars)Reporting by Yantoultra Ngui; Editing by Muralikumar Anantharaman and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Edgar Su, NIM, Piyush Gupta, Gupta, Yantoultra Ngui, Muralikumar Anantharaman, Stephen Coates Organizations: DBS, REUTERS, Refinitiv, Thomson Locations: Singapore, SINGAPORE, Hong Kong

☆ India lets firms list on Modi's flagship finance hub to draw foreign capital
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +1 min

Listed and unlisted companies can list their shares in the International Financial Services Centre (IFSC) housed in the Gujarat International Financial Tech City (GIFT), which is Prime Minister Narendra Modi's flagship project. "I'm pleased to announce that the government has taken a decision to enable direct listing of listed and unlisted companies on the IFSC exchanges," Sitharaman said. Indian companies can currently only list on foreign exchanges through instruments such as depository receipts. The government had announced plans in 2020 to allow firms to have their primary listings on foreign exchanges. The government has said companies can use the IFSC route to access similar benefits of foreign capital.

Persons: Nirmala Sitharaman, Narendra Modi's, I'm, Sitharaman, Manch, Aftab Ahmed, Muralikumar Organizations: International Financial Services, Gujarat International Financial Tech City, Singapore, International Exchange, Thomson Locations: DELHI, India, Gujarat, Singapore, City, New Delhi

☆ Soaring StanChart still has lots of work to do
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

SINGAPORE, July 28 (Reuters Breakingviews) - Bill Winters’ bank is finally getting its act together – to an extent. London-listed Standard Chartered (STAN.L) on Friday reported its highest first-half revenue and earnings since Winters joined as CEO in 2015. The upgraded 12%-14% top-line growth for this year, from 10% previously, caught investors' eyes, as did a chunky $1 billion share buyback programme. Winters managed to get costs down to 61% of revenue in the first half, close to his 2024 target of around 60%. Even after Friday’s bump, StanChart trades at just two-thirds of 12-month forward tangible book value, using analyst estimates gathered by Refinitiv Datastream.

Persons: Bill Winters, Winters, It’s, Refinitiv Datastream, Liam Proud, Streisand Neto Organizations: Reuters, “, HSBC, DBS, Twitter, Bank of Japan, Thomson Locations: SINGAPORE, London

☆ Singapore Airlines flags near-term competition in international travel
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +1 min

July 27 (Reuters) - Singapore Airlines (SIAL.SI) said on Thursday it expects competition to intensify in the coming months as carriers scramble to take advantage of strong overseas travel demand that helped the city-state's flagship airline to post a record first-quarter profit. "Macroeconomic and geopolitical uncertainties, as well as inflation, could pose challenges for the airline industry," the company said. Singapore Airlines said it will monitor these trends closely, and adjust its capacity and network accordingly. The airline reported a net profit of S$734 million ($554.84 million) for the three months ended June 30, compared with S$370 million a year earlier. Passenger load factor — a measure of how many seats are filled on planes — for Singapore Airlines was 88.9% in the quarter, compared with 79.0% a year ago.

Persons: Himanshi Akhand, Archishma Iyer, Shinjini Organizations: Singapore Airlines, Airlines, Cathay Pacific Airways, HK, Thomson Locations: Hong Kong, Singapore, Bengaluru

☆ Elon Musk cambia el logotipo de Twitter a una X
▼ + stars: | 2023-07-24 | by ( Noam Scheiber | Ryan Mac | ) www.nytimes.com time to read: +2 min

Ahora enfrenta a un competidor bien financiado en Threads, el servicio similar a Twitter recientemente presentado por Meta, la compañía que es dueña de Facebook. Musk ha tenido una larga afinidad por la letra X. Es el autor de The Escape Artists. Más sobre Noam ScheiberRyan Mac es un reportero de tecnología enfocado en la responsabilidad corporativa en la industria tecnológica mundial. Ganó un premio George Polk en 2020 por su cobertura sobre Facebook y vive en Los Ángeles.

☆ Pope urges world leaders to do more to tackle climate change
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: +1 min

VATICAN CITY, July 23 (Reuters) - Pope Francis said on Sunday that recent heat waves across many parts of the world and flooding in countries such as South Korea showed that more urgent action was needed to tackle climate change. "Please, I renew my appeal to world leaders to do something more concrete to limit polluting emissions," the Pope said at the end of his Angelus message to crowds in St. Peter's Square. Francis has called on the world to rapidly ditch fossil fuels and made the protection of the environment a cornerstone of his pontificate. On Sunday, the pope expressed solidarity with those who were suffering from the climate crisis and those helping them. Writing by Keith Weir; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Pope Francis, Pope, Angelus, Francis, Keith Weir, Hugh Lawson Organizations: CITY, Thomson Locations: South Korea, St, United States, China, Europe, Italy, Greece, Rhodes

☆ Starbucks teams up with Blackpink, betting on the power of K-pop
▼ + stars: | 2023-07-19 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Starbucks is teaming up with Blackpink, one of the world’s hottest musical acts. The centerpiece of the lineup is the Blackpink Strawberry Choco Cream Frappuccino, a drink that is an aptly hued blend of black and pink. Like other major global brands, Starbucks is leaning into the frenzy around K-pop, hoping that it will translate to a boost in sales. The company has partnered with Blackpink before, launching a collection of merchandise in Thailand two years ago. In 2022, the group was named Time magazine’s Entertainer of the Year, becoming just the second K-pop group to receive the title.

Persons: ”, Blackpink, Emma McIntyre, Kan, they’ve, —, Jennie, Jisoo, Lisa, Rosé —, Dior, Bang, Hyuk, “ Organizations: Hong Kong CNN, Starbucks, Coachella, Blackpink, South, Netflix, BTS, Disney, CNN, HYBE Locations: Hong Kong, Indonesia, South Korea, Philippines, Indio , California, Asia, Thailand, South Korean

☆ Singapore’s clean reputation gets a timely test
▼ + stars: | 2023-07-18 | by ( Anshuman Daga | ) www.reuters.com time to read: +4 min

SINGAPORE, July 18 (Reuters Breakingviews) - Singapore could turn a governance crisis into an opportunity. Its transport minister S. Iswaran and Ong Beng Seng, the property billionaire credited with bringing Formula One to the city, were arrested and released on bail last week. The rare high-profile probe involving a public official by the hub’s anti-graft agency is a timely test of the Asian centre’s willingness to act tough on corruption. It's been six days since Prime Minister Lee Hsien Loong revealed the investigation by the Corrupt Practices Investigation Bureau and the exact details remain unclear. S. Iswaran and businessman Ong Beng Seng were arrested on July 11 and subsequently released on bail, the Corrupt Practices Investigation Bureau said.

Persons: Ong Beng Seng, It's, Lee Hsien Loong, Iswaran, Ong, Una Galani, Thomas Shum Organizations: Reuters, Formula, Practices, Beijing, DBS, Hotel Properties, InterContinental Hotels Group, Marriott International, Thomson Locations: SINGAPORE, Singapore, Denmark, Finland, New Zealand, Norway, Asia, Hong Kong, COMO

☆ Lionel Messi Gives M.L.S. First Taste of the Weight of His Star
▼ + stars: | 2023-07-17 | by ( James Wagner | More About James Wagner | ) www.nytimes.com time to read: +1 min

He hugged the owners of his new team, including the former star David Beckham. 10 — Lionel Messi grinned and looked up at the crowd and the fireworks. If it has felt like a dream that Messi, who won the World Cup in December as Argentina’s captain and who has claimed seven Ballons d’Or as the world’s best player, chose Inter Miami of M.L.S. as his team for the twilight of his career, his unveiling event was proof that, yes, this has actually happened. Messi’s introduction was called La PresentaSíon, the presentation in Spanish, but with “Sí” (“Yes”) emphasized.

Persons: David Beckham, Lionel Messi grinned, Messi, d’Or, ” Messi, “ Sí Organizations: Inter Miami Locations: M.L.S, Miami, South Florida

☆ Singapore property tycoon cooperating with anti-graft agency - company
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: +2 min

[1/2] Property tycoon Ong Beng Seng walks out of the Corrupt Practices Investigation Bureau headquarters in Singapore July 12, 2023. SINGAPORE, July 14 (Reuters) - A Singapore-based property tycoon known for bringing Formula One races to the city-state is cooperating with the anti-graft agency in a case launched earlier this week involving the transport minister, his company said on Friday. The CPIB earlier this week said it had launched an investigation into Iswaran, but did not provide further details. The case is a rare high-level probe in Singapore, a top Asian financial hub that prides itself on a corruption-free government. Ong, who was travelling on Friday, will surrender his passport to the CPIB upon his return to Singapore, his company said.

Persons: Ong Beng Seng, Ho Peng Yew, Iswaran, Lee Hsien Loong, Ong, Christina Ong, Kanupriya Kapoor, Martin Petty, Raju Gopalakrishnan Organizations: Practices, Singapore Press Holding Media, Formula, Properties, Reuters, Concorde, London Stock, Forbes, Thomson Locations: Singapore, SINGAPORE, COMO, Malaysia

☆ Here's the new default font for Microsoft Outlook and Word: Aptos
▼ + stars: | 2023-07-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +5 min

Microsoft has named the next default font for its productivity applications, such as Word and Outlook, after testing five candidates it introduced in 2021. Aptos will remain available in the font list under the old Bierstadt name for people who are accustomed to it. In 2019, Microsoft asked font designer Steve Matteson to develop a font in the grotesque sans-serif style that includes the classic Helvetica. The company didn't let on that it was considering it as a possible successor for Calibri, Matteson said in an interview with CNBC this week. Some people didn't take the name seriously, and Microsoft decided to come up with a new one for the font, Matteson said.

Persons: Si Daniels, Satya Nadella, Steve Ballmer, Steve Matteson, Calibri, Matteson, didn't, Aptos, He's, hasn't, Lucas de Groot Organizations: Microsoft, CNBC, Monotype, redwoods Locations: Nadella, Colorado, Santa Cruz County , California, California, Bierstadt

☆ Temasek is betting on all its stars aligning
▼ + stars: | 2023-07-12 | by ( Anshuman Daga | ) www.reuters.com time to read: +3 min

That’s one consolation Temasek can take from a tricky year. But Temasek’s hopes for a more prosperous year or two ahead rely on matters mostly out of its hands. Reuters Graphics Reuters GraphicsGranted, Temasek had a busy few years propping up the tiny city-state’s companies, like Singapore Airlines (SIAL.SI), after the pandemic hit. Meanwhile, high valuations in the United States, where Temasek has doubled exposure over the past decade, will limit opportunities. But if Temasek wants to start shining more brightly soon, it’ll need all its stars to align.

Persons: That’s, Temasek’s, Chin Yee, There’s, Antony Currie, Pranav Kiran, Thomas Shum Organizations: Reuters, Temasek, Sequoia, Reuters Graphics, Singapore Airlines, Reuters Graphics Finance, SP Group, U.S, Chartered, Thomson Locations: SINGAPORE, Singapore’s, Asia, Japan, China, People’s Republic, Southeast Asia, India, Singapore, United States

SINGAPORE, July 11 (Reuters) - Singapore investment firm Temasek Holdings (TEM.UL) on Tuesday posted a 5.2% drop in its net portfolio value to S$382 billion ($284.65 billion) in the financial year that ended in March. The drop in net portfolio value is its first since the 2019 financial year and came amid intensified global market volatility. Over the last decade, Temasek has grown its net portfolio value by 77.7% to S$382 billion from S$215 billion in 2013. Its portfolio value hit a record high of S$403 billion in the year ending in March 2022. Most of China's tech companies share prices have rallied since Friday on the hope that strict regulations that have stymied growth for more than two years would ease.

Persons: Chin Yee, Temasek, Rohit Sipahimalani, it's, Yantoultra Ngui, Xinghui, Robert Birsel Organizations: Temasek Holdings, Ant Group, Temasek, DBS, China Construction Bank, PSA International, Mapletree Investments, Ant, People's Bank of, Thomson Locations: SINGAPORE, Singapore, China, Asia, Temasek, People's Bank of China

☆ I'm a 25-year-old South Korean and still live with my parents. I'm ready to move out, but can't afford it.
▼ + stars: | 2023-07-10 | by ( Reena Koh | Amanda Goh | ) www.businessinsider.com time to read: +6 min

Due to South Korea's skyrocketing real-estate prices, she can't afford to leave her parents' home. This as-told-to essay is based on a conversation with Park Su-Ah, a 25-year-old accounts manager in South Korea. The average cost of buying a 1,174-square-foot apartment in my city was 789.36 million Korean won, or about $606,570, in 2022. Right now, I'm an accounts manager at a publishing house where I make 2.2 million won, or about $1,690, a month. In June 2022, the average jeonse deposit for an apartment in Seoul was 680 million won, or about $522,642.

Persons: —, it's, We've, that's, aren't Organizations: Service, Wonkwang University Locations: Wall, Silicon, South Korea, Goyang, Seoul, Iksan

☆ Hannah Gutierrez Reed ‘transferred a small bag of cocaine’ after returning from police interview on day of ‘Rust’ fatal shooting, court documents say
▼ + stars: | 2023-06-30 | by ( Raja Razek | ) edition.cnn.com time to read: +3 min

CNN —An unnamed witness has said “Rust” film armorer Hannah Gutierrez Reed “transferred a small bag of cocaine” after returning from a police interview on the day of the “Rust” fatal shooting, according to a motion filed by prosecutors Thursday. The new filing comes after prosecutors last week charged Gutierrez Reed with tampering with evidence in relation to the shooting death of the movie’s cinematographer Halyna Hutchins, according to an amended complaint filed last week. The charge is in addition to two counts of involuntary manslaughter filed against Gutierrez Reed earlier this year. “This is more of the same underhanded, secret, reprehensible tactics from the state.”CNN previously reported Gutierrez Reed transferred narcotics to another person “with the intent to prevent the apprehension, prosecution or conviction of herself,” an amended complaint said. Gutierrez Reed was likely hungover when she loaded a prop gun used by actor Alec Baldwin that fired a live round of ammunition during a rehearsal, prosecutors alleged in a prior court filing.

Persons: Rust, armorer Hannah Gutierrez Reed “, Gutierrez Reed, Halyna Hutchins, “, Gutierrez Reed’s, ”, ” Gutierrez, Jason Bowles, Alec Baldwin Organizations: CNN

Bangkok, Thailand CNN —A 57-year-old Thai woman had to have her leg amputated after she got caught up in a moving walkway at an international airport in Bangkok on Thursday in a freak accident that has yet to be fully explained by authorities. Don Mueang International Airport’s director Karant Thanakuljeerapat said the incident took place at around 8:27 a.m. local time (7:27 p.m. She has since been transferred to Bumrungrad International Hospital, one of the country’s top medical facilities, the director added. All of the airport’s moving walkways have had their service suspended while the cause of the incident is investigated and engineers do safety checks, he added. One of the two international airports in Bangkok, Don Mueang is located in the northern part of the capital.

Persons: Don, Karant Thanakuljeerapat, Karant, “, ” Karant, Bangkok , Don Mueang Organizations: Thailand CNN, Don Mueang International, Bumrungrad International, Suvarnabhumi Locations: Bangkok, Thailand, Nakhon Si, Bangkok , Don

The shares are priced between S$7.202 and S$7.283 per share, the sheet shows, representing a 2.89% and 3.97% discount to the last close of S$7.50 on Wednesday. Temasek will continue to be a major shareholder in SIA with a 53.5% stake, according to Reuters' calculations. Citi is the sole bookrunner on the share sale, the term sheet showed. "We are committed to the long-term success of SIA and continue to maintain a majority stake in it," she added. ($1 = 1.3517 Singapore dollars)Reporting by Selena Li in Hong Kong and Yantoultra Ngui in Singapore, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Juliet Teo, Temasek's, Selena Li, Yantoultra, Louise Heavens Organizations: Temasek, Singapore Airlines, SIA, Reuters, Citi, Transportation & Logistics, Thomson Locations: HONG KONG, SINGAPORE, China, Japan, South Korea, Singapore, Hong Kong

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